Early preparation for the FRS 102 regime involves the financial reporting technical requirements, plus the time and cost impact on a firm’s resources and the risk involved in preparing clients for their conversion. This article highlights key questions to consider in preparation for the new FRSs.

Accountants are in a trusted position; handling sensitive personal information for their clients on a daily basis and legally are obliged to protect their clients' data. This paper studies how accountants can use a document portal to ensure secure client communication and data protection compliance.

This article outlines some of the more notable differences between UK GAAP and FRS 102. FRS 102 requires more financial instruments to be recognised on the balance sheet and the treatment of fair value fluctuations for investment property are also accounted for differently under FRS 102.

Are you ready for the new standards? Have you learnt the lingo? Will your profits change? What's your plan of action? New infographic from IRIS summarises the impact of new UK GAAP compliance and links to resources for additional help.

A look at the impact of iXBRL, RTI, AE, and changes to IFRS and UK GAAP on accountants in business. This whitepaper reviews developments in the compliance landscape. It also includes some tips for easing what otherwise threatens to be an escalating burden on busy corporate finance professionals.

With new reporting standards for small and medium entities in the UK now well underway, a recently published IRIS whitepaper considers the impact of new UK GAAP legislation on accountants in business and in practice. The paper also offers a plan of action for keeping ahead of FRS 101 and 102.

Julia Penny FCA, accounting and audit Content Manager at CCH, outlines 5 common pitfalls with LLP accounts. Accounting for limited liability partnerships is a specialist area that requires expertise as the accounting requirements that relate to this sector can be complex.

Many businesses are missing out on millions of pounds of tax allowances and your clients could be among them. Focusing on the impending Finance Act 2014, Neil Tipping explains what the new rules mean and how you can ensure that your clients don't miss out on their tax allowances.